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Search Results 0 to 49 of about 111 (some duplicates have been removed)
FOX News
Jan 30, 2013 1:00pm PST
. that was the number we spent. that was our spending. president obama an estimate will be $3.6 trillion. that is an increase of 44%! 44% increase in spending. that doesn't look like a problem to you? >> what i would love to have the just that position of job creation, we created 5 million jobs in the united states. if you were saying it's worse but the five million people are saying it is worth it. >> eric: you are saying there is five million jobs created? >> from the low point. >> that is different. >> he was in office. i think, come on eric, we spent 5.8 t78d and we have a negative growth rate. >> this the first quarter we've had a negative growth rate. we a super storm sandy and lots of fiscal negotiations. i think we're probably going to have close to 3% growth rate of 2013. the recovery is coming along, but it's not coming as fast as anybody would like it but it is coming. >> eric: we'll leave it there. no major sell-off on white house despite the news. the dow still flirting with 14,000. sandra smith keeping an eye on it all. i'm looking down 44 on the day where we have negative
FOX News
Jan 30, 2013 4:00pm EST
spending is why we had the recession. obama continued the bad job for four straight jobs and this is the result. >> eric: but they would say isn't for government spending we would have no growth? >> government spending it's not in spite of government spending it's because of the government spending. we think of it, you got two guys in the world, "a" and "b". if "b" gets unemployment benefits who do you think pays for it. it's "a" and it's taxation and that is the root of the problem. >> you drop taxes like the blogo sphere, no he raised taxes. did ronald reagan raise or lower taxes? >> he cut the highest tax rates. you want to look at rates from 70% to 28%. now, is that a good enough tax cut for you? >> eric: what happened? >> we had great growth. when the tax cuts took effect, we phased in the tax cuts but when they took effect, it went like a rocket ship. we had 7.35% in 1983 and 5 1/2 in 1984. >> eric: and the tax receipts increase? >> there is some guys curve -- i don't know who the heck it is. we have the highest corporate tax rates in the world and one of the lowest
FOX Business
Jan 27, 2013 2:30am EST
are on food stamps and the number that we spend on food stamps tripled under obama's watch? >> look, i agree with you. there is no recovery that we can measure here and you can point to how many people are out of work and lost their homes and on food stamps. we need to change our policy and invest and then you cash in. that's the way it works. we need to invest in america first. china is doing it. china's unemployment is 4.9 percent . ours is double that . china is investing with us. the money we pay to borrow for war. >> tracey. >> i believe we should invest but i don't want the government to do it. unemployment is up because of the uncertainty out of washington. companies don't want to expand. get the government out of the way, everything will get back to normal. >> tracey is right. you could see a temporarily sell off in the stock market. it is down from all-time highs because the market knows more medocre, the government will step in and fix and form the law interest rates and food stamps and unemployment checks. the market cheer its on >> free money. >> leave it there and say thank you
FOX Business
Jan 29, 2013 1:00pm EST
until a assessor is confirmed. he served as an advocate for president obama spending increases on highways, bridges and transport facilities. it continues. i will be curious to see who takes that spot. it will be tough with the challenges ahead. credit card users bracing for a new swipe fee. we will tell you why small businesses may be the biggest loser on this one. melissa: lou dobbs coming up as president obama gets set to pitch his immigration plan. ♪ >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [beeping...] helping stop crooks before your identity is attacked. and now you can have the most comprehensive identity theft protection available today... lifelock ultimate. so for protec
Current
Jan 30, 2013 6:00am PST
'm going to text it to him every time he says about the government spending under obama. >> you do have his personal cell, don't you? >> stephanie: i do. text him this graph because i think we played a clip yesterday where -- the president is spending -- the president is spending -- >> that's a lie. >> stephanie: that's the way it sounds in my head. does he say it differently? >> a little bit. with a long island accent. >> stephanie: anyway. as you can see under bush, it was very high. under p.o.t.u.s., at a low. we talked about this graph before. government at an all-time low. exhaustedly, we've said on the program. putting the two wars on the show. medicaid part b, it is now obama's spending -- all right. oh, look, it is future husband stack. [ ♪ "world news tonight" ♪ ] i need someone that cares about me. >> well apparently you have -- >> stephanie: i'm gesturing at jim. he doesn't know because he doesn't pay attention to me. >> because i'm trying to read e-mail. >> during the show? >> stephanie: i'm talking. reading while i'm talking. you're not paying attention are you? >> why do y
FOX Business
Jan 30, 2013 7:00pm EST
to the arguments from both sides. >> president obama reportedly said that america does not have a spending problem. well, of course we know that's not accurate. >> that is the senate's top republican referring to the president's assertion that the u.s. does not have a spending problem during a private discussion on the $16 trillion federal debt crisis as quoted by house speaker in a recent "wall street journal" op-ed. other democrats in including louisiana democratic senator mary landreau have eagerly embraced the presidential sentiment belling to oppose discretionary spending cuts arguing that the debt crisis hasn't been linked role had been over higher by pundits on fox news. >> and not going to keep cutting the discretionary budget which, by the way, is not out of control despite what you hear on fox news. >> senate majority leader mary reed telegraphed his party stalling push for more tax hikes on the wealthy and intensifying opposition to additional discretionary spending discipline. >> the american people still believe by an overwhelming margin that the rich should contribute to this. they b
FOX Business
Jan 30, 2013 10:00pm EST
night. ♪ lou: >> a very good evening. i'm lori rothman. the obama -- obama economy heading a stumbling block, suffering its first decline since the end of the recession. the government cutting spending and u.s. businesses trying down inventories in the fourth quarter causing the economy to contract for the first time in more than three years. u.s. gross domestic product falling a rate of a tenth of a percent, that is the worst performance since the second quarter of 2009. this is growing at a 3% clip in the third quarter of last year. the federal reserve today saying that growth has stalled, but telling the public temporary, pledging to continue with the easy money policy into the outlook for employment improved substantially, the news coming as somewhat of late surprised as economists predicted. the economy hit with super storm sandy in late october causing extensive damage along the east coast, seen as a major factor. economists see the same growth in excess of 3 percent will be needed to significantly lower unemployment and get at least some of the 23 million unemployed americans ba
CBS
Jan 26, 2013 8:00am EST
will not act on his priorities, president obama will spend much of this coming year taking his case campaign style directly to the people. for "cbs this morning" saturday bill plante at the white house. >>> let's take a closer look now at how the president is pressing ahead with his new agenda and how republicans are already reorganizing for the next election. jeff bellamy is with us. nice to have you in the studio with us goochld morning. >> good morning. >> there's a short opportunity for the president and there's a lot on his plate, gun control, climate control, and you have the immigration reforms he's put out there. does he risk losing on all fronts if he takes all of them at once? >> not to mention the economy. >> correct. >> the white house knows that constitutionally they have four years, but in reality they probably have one year. so a priority here is what they're trying to do. and immigration, as bill just sapiece, is going to be the top priority. and they believe they can operate on separate tracks here gun control on one track and climate change on a diff
FOX Business
Jan 29, 2013 9:20am EST
spending removed. president obama will sign it as soon as it crosses his desk. the taxes on the wealthy expected to bring in $80 billion. it is $60 billion in new spending which cancels out all of that chunk of extra revenue coming in from higher taxes. more proof that congress simply does not understand the need to rein in spending. cheryl sandberg, she says as women become more successful, critics become more negative about them. she also says that as women continue to climb the ladder, they have major disadvantages against men. "women still have two jobs in the most developed countries around the world. men have one." she is referring to raising a family. let's bring in ms. schaefer. are you generally in sympathy with cheryl? it is tough being a woman. hard to get to the top. >> i appreciate her directness. she has famously said women need to take a seat at the table, learn to negotiate, do not leave work too early. we have to be realistic about women and what they balance. it was a fair conversation to have. stuart: i agree with you. it is a fair statement of reality. we had a big f
CNN
Jan 29, 2013 11:00am PST
there will be the emphasis on the enforcement side, but i think that obama will spend some political capital on the issue of how these 11 million undocumented aliens can become on the path to citizenship. >> and as someone who kns that process, who knows the complicated paperwork, who knows the frustration of waiting for the bureaucracy, do you think it can be done, you can have a path to earned citizenship, which somebody comes forward, gets first a green card, legal status and then in line for citizenship. can that be done in a way that is fair or as fair as possible in the sense that if there is someone who has been waiting legally, will the people already in this country actually go to the back of the line? that's what a lot of people suspect won't happen. >> well, the senate proposal and president obama have both said they will go to the back of the line. that line in some instances is years long for family reunification. it is one of the reasons that employers have said over and over that we need a simplified streamlined immigration system so that persons can be hired legally. and have a legal path
FOX News
Jan 30, 2013 3:00pm PST
of proportion. tonight, both sides from the chief political correspondent carl cameron. >> president obama reportedly said that america doesn't have a spending problem. we know that is not accurate. >> that is the senate's top republican referring to the president's assertion the u.s. does not have a spending problem on the federal debt crisis quoted by house speaker boehner at recent "wall street journal" op-ed. otherring eagerly embrace the sentment and vowed to oppose the discretionary spending cuts, arguing that the debt crisis if spending's role are overhyped on fox news. >> i am not going to keep cutting the discretionary budget which by the way is not out of control. despite what you hear on fox news. >> he said limited if any entitlement reform and intensifying opposition to additional discretionary spending discipline. >> the american people still believe by overwhelming margin that the rich should contribute to this. they believe discretionary spending has been hit hard already. >> for the record, the government accountability office issued a report saying the structural imbalanc
FOX News
Jan 25, 2013 9:00pm PST
libya. a lot of them. and the spending deal with president obama, pretty much out of control. so, i'm hoping that steve croft will will get some answers. that will be our lead story on monday night how kroft does. he is going to have to be firm and interrupt. believe me, i have interviewed both the president and the secretary of state. and you have to pin them down. all right? because both of them can do a half hour on one question. it's going to be a fascinating thing to watch. all right? that is the factor tip of the day. check it out on 60 minutes. that is it for us tonight. please check out the fox news factor web site which is different from bill o'reilly.com. also, we would like to you spout off about the factor from anywhere in the world. o'reilly at foxnews.com. witch to opine, word of the day, do not be mendacious when writing to the factor. i would be mendacious in the interview if i was lucky enough to get one with the president and secretary of state. but don't be mendacious when writing to us. again, thanks for watching us tonight. i am bill o'reilly. please remember th
PBS
Jan 24, 2013 4:30pm PST
takes in and what it spends. and realistically you've got to pov both ends this is what president obama calls balance and what the republicans call nonsense because it involves raising taxes. i think you have to do bovment i think you have to have more revenue and you have to cut back spending. >> susie: let's say congress doesn't do that. what happens next? explain to people what happens next. >> i think the real risk is that we come to a showdown in march when the current stopgap budget ends and we face the government shutdown. people will lose svices. pele wl lose jobs. and there will be a fiscal contraction, on top of the ones that we've already put in place. and that's not great for the economy, for sure. >> you know, and this whole conversation about a budget and the deficit and all of that. it's all about raising taxes and cutting spending. and there's no discuss about growth. and that is what americans really want. growth and jobs. what do we have to do to get growth? >> well, the badh6+suz there, susie s that while higher growth is by far the best remedy, it's very hard to put
CNN
Jan 24, 2013 9:00am PST
ultimately unless they get severe spending cuts and the obama administration is not going to give it to them. and you are going to watch the u.s. do crazy, crazy things this year. >> if you are right on those crazy, crazy things, then the rest of us are in for a dreadful, dread full time? >> dreadful. it is going to be so strange for the richest country on earth to cross their arms and say i'm not paying. imagine crossing your arms. you are going to see it this year. >> reporter: now, we have been asking our guests here for the riskometer. on this side we have is the u.s. a bigger threat to global growth in 2013. on this side the e.u. lutnic thinks the u.s. is by far the bigger. as you look overall most people still seem to believe europe is the biggest threat in 2013. by the way, speet tweet me wher think the biggest threat is. >> very official looking. did you make that yourself? >> don't you mock it? it works and it is doing a good job. >> we will have people tweet you and see what they feel about all of this but a lot of power players weighing in on whether or not there is greater risk h
CSPAN
Jan 28, 2013 5:00pm EST
issue was obama, was the increase in spending, was essentially the expansion of government. or to put it a more abstract and grand way, the relationship between citizen and state which obviously was tilting towards state. so -- and there when the question is put in that way, the country shows itself to be a center-right country. had republicans been able to duplicate those conditions, that framework in 2012, they would have won. but it isn't the same election. 2010 was almost a purely ideological election, perhaps the most ideological since 1980. then you get to 2010 when you have a personality involved, and you have a figure who represents one side. romney is a good man. i like him. i think he's an honorable man. and i think he actually would have made an excellent president but he was a bad candidate, particularly in an election that could have been won had it been an election about ideas and philosophy. i think it would have been easily won had it been about ideas and philosophy. but number one, he wasn't the man, the best man on our side to make that case. and secondly, he decided
CSPAN
Jan 25, 2013 8:00pm EST
was obama and as a scare, the stimulus committee increase in spending, the expansion of the government. or to put it in a more abstract and grand was the difference between federal and state which was tilting more toward state. when the question is put that way, the country shows itself to be center-right country. had republicans been able to duplicate those conditions, that framework in 2012, they would have won. but it is not the same election. 2010 is almost purely ideological election. perhaps the most ideological since 1980. then you get to 2010, when you have a personality involved and you have a figure represents one side. romney is a good man. i like him. i think he is an honorable man, and i think he would have made an excellent president. but he was a bad candidate particularly in an election that could have been one had been an election about ideas and philosophy. i think it would have been easily won had been about ideas and philosophy. but he was not the math -- he was not the best man on our side to make that case. secondly, he decided not to make the case either way and
MSNBC
Jan 29, 2013 3:00pm PST
in 2012. that's over twice as much as we were spending in 2003. we know president obama has deported record numbers of folks. so how much tougher can we get on the border? we've seen immigration rates decrease. you know, instead of working harder just throwing more money at the issue, what the president is focusing on is let's be smarter about it. let's focus on the technology to track illegal immigrants who are already here. let's think about using technology on the border. so the president can make a very strong case. i'm not too worried about that. i think that's the republican senators trying to look tough for their own party. >> now, richard, let me share this with you. that kind of struck me. a conservative latino group released a memo with some advice to republicans on how to talk about the issue. and in it they admonished them don't use phrases like this. don't use send them all back. elect fence. anchor baby. illegals. reagan. because he gave citizenship to immigrants back in the 1980s. i mean, it's almost like we know you guys aren't really serious and we know you are reall
PBS
Jan 29, 2013 2:30pm PST
been trying to do all i could on behalf of the obama administration and our country. i want to catch up on sleep, movies, watch a lot of home- improvement television, takes a long walks, spend time with my family and my friends. >> hillary clinton, the u.s. secretary of state, on her last days in office. that brings to days, -- broadcast to a close. you can watch bbc on it our 24 hour news channel. if you like to reach me, you can find me on twitter. for all of us, thank you so much for watching. >> make sense of international news at bbc.com/news. >> funding of this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu, newman's own foundation, and union bank. >> at union bank, our relationship managers work hard to understand the industry you operate in, working to nurture new ventures and help provide capital for key, strategic decisions. we offer expertise and tailored solutions in a wide range of industries. what can we do for you? >> "bbc world news" was presented by kcet, los angeles. captioning sponsored by macneil/lehrer productions >
CSPAN
Jan 31, 2013 5:00pm EST
. they tried in 2011 to use the debt limit as a leverage point of force obama to swallow big spending cuts. it worked, but it was terribly damaging, but the the nation's economy and to their political capital. congressional plummeted to something like 9 percent. and they recognize that this was a bad idea. gambling with the faith and credit of the united states it turns out as a pretty bad idea. we were downgraded for the first time in the nation's history. they did not want to do that again. like us said, they did not want to vote for a bigger national debt either. that does not fit with their philosophy, so they came up with this strategy of saying, okay, we will suspend it. in the meantime, we really want the senate to pass a budget for 2014, and the law also says that if either chamber fails to adopt the budget by april 15th, their paychecks will be docked. so the whole idea of this thing is to a postpone this sort of economy prattling default situation until they can prosecute this continuing fight over taxes to a point where the budget is satisfied in the debt limit can be raised aga
CSPAN
Jan 25, 2013 7:00am EST
't really spend on campaigning in those areas. last fall you cannot turn on the tv in virginia without seeing ads. especially when the -- especially when the obama ads were better than the romney ads. it was weird when you go to visit people in new york or los angeles. they are not actually experiencing the campaign. if you went to a congressional district, then you would go fight in california, because republicans could win 20 out the hobbi54. i'm normally reluctant to tamper with these long standing institutions and practices, but there might be case in this instance for at least. thinking least. host: your comments on speaker boehner, a first one to go to danny joining us on the democratic line. good morning. caller: hello. you put harry reid on the cover. if you look up the words chicken hawk and neocon, there's a picture of bill kristol. the only people who were surprised that president obama won the election were fox news viewers. host: thanks for the call. guest: i was not surprised. i thought romney had a chance, and he was all a little short at the end. if the viewer does not
CNBC
Jan 23, 2013 7:00pm EST
to suspend the debt ceiling but the spending sequester cuts are still set to kick in on march 1st and i hope they do. now house speaker john boehner says president obama is out to annihilate the republican party. we'll talk about all that with new hampshire senator kelly ayotte and our political panel in just a few moments. >> also, big time golfers phil mickelson, tiger woods, lebron james and derek jeter are all supply siders. we'll explain that later this hour. >> i wasn't involved in the talking points process. as i understand it, as i've been told, it was a typical interagency process where staff, including from the state department all participated to try to come up with whatever was going to be made publicly available. >> that of course was secretary of state clinton today on capitol hill saying she had no role in susan rice's false talking points on the benghazi consulate attack. but will we ever find out why ambassador rice denied the terrorist attack and misled the public saying this on "meet the press." >> what happened in benghazi was in fact initially a spontaneous reaction to w
FOX Business
Jan 24, 2013 5:00pm EST
the particular lee plan, they don't have to raise taxes. the best part of the plan is limiting spending and taxes to 18% of gdp. that's the debate in america right now is are we going to go with barack obama plan of 25% or more of gdp consumed by government or go back to a reasonable, historical 18% that mr. lee proposed. melissa: dennis, what do you think of that? automatically limit spending to 18% of gdp, currently, 23%, a billion dollars to shave off. >> we don't need gimmicks. we need guts. we don't need politicians claiming things are meaningful when they are not. 18% of gdp, you cut over a trillion dollars a year from the budget for ten years. melissa: right. >> rather than filing a bill saying someone else should do this, put out a budget, if you're a senator, budget that cuts a trail dollars from this year's budget. cut it from defense, discretionary, medicare, social security, step up, lay out your actual cuts. the problem we have isn't that we don't have enough gimmicks like the budget amendment. we got plenty of gimmicks. we don't have guts. are you going to cut medicare by that amoun
FOX Business
Jan 31, 2013 9:20am EST
goes up by a trillion a year. the white house says the republicans are to blame, spending cuts are to blame. super storm sandy is to blame. excuses. the numbers are what they are. the economy is sinking. president obama's policies seem to be failing. his approval rating is at a three year high. arnie and company about to begin. aving triplets. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td ameritrade. it's just common sense. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. stuart: illinois is going broke. good morning, "varney &
NBC
Jan 31, 2013 5:00am EST
-- rather, showdown between democrats and republicans over spending cuts. the house passed the bill last week. president obama said he will sign it if it passes in the senate. >>> chuck hagel will face some tough questions today in his bid to become defense secretary. the senate armed services committee will hold his confirmation hearing. he's a former republican senator but may have a hard time winning support from the senate's gop members. six republicans have already said they will oppose his nomination. they have questions about comments he made about israel and iran. if confirmed, hagel would be the first vietnam vet to lead the pentagon. >>> president obama says he hopes for some form of immigration within six months. in an interview with telemundo, he says the plan must include a path to citizenship for 11 million illegal immigrants already in the country. and he says it's time for congress to act. >> we've been working on this for a long time. we know what the issues are. i've got a bill drafted. we've got language. we know what's needed when it comes to border security. we know
FOX Business
Jan 30, 2013 9:20am EST
: president obama does acknowledge medicare problems, even though we don't have a spending problem. this goes beyond a fiscal thing. i mean, this is real -- liz: that's right charles. the doctors are telling me it is totally opposite of what the president said he wanted, more care under health reform. this is actually rewarding for less care. stuart: this new just in on the rimm meeting. they are going to change their corporate name to blackberry. we all know they put out the blackberry and that's the name of the company, none of this research in motion stuff. okay? the stock though they are listening to very carefully with what's going on with the new blackberry 10. seems so far they like what they are hearing. look at the big board, down 24 points for the dow. that's not a very big reaction to the news this morning that our economy is contracting, at least it did at the very end of last year. maybe everybody's waiting for the 2:15 announcement of what bernanke is going to do with all that money printing in the future. maybe that's why the market -- i think you will agree with this -- that's
MSNBC
Jan 26, 2013 12:00am PST
unionization bills and crazy new deficit spending. it's the same old mitch mcconnell, same operation. and he will block president obama's agenda. it's basically selling out the efforts of the progressives in this country, in my opinion. let's turn to senator bernie sanders of vermont, who is the only member of the democratic caucus to vote against the so-called filibuster reform. senator, good to have you with us tonight. i'd like you to respond to that fundraising letter of mitch mcconnell. i mean, are things going to change? are we going to see the same old mitch? >> look, at the end of the day, what that legislation did is made it easier for some cabinet appointees to take their jobs. that's important. it's going to speed up the process in the senate. that's important. but at the end of the day, ed, this country faces enormous economic crises. we've got to deal with global warming. we've got to deal with education. we have to deal with deficit reduction. we are not going to be able to do what the american people want if we have to get 60 votes. and as a result of that agreement, we're goi
CNN
Jan 29, 2013 12:00am PST
the nomination, but to get elected. those six years that you spend running and then governing, it takes a lot out of even somebody as young as president obama. >> and if you need any reminding of how tough the job is, look no further than barack obama, all the times you have interviewed him from start to finish, his hair has turned white. people are blaming you. >> i don't think that's the case, piers. >> steve, it's been a pleasure talking to you. it was fantastic television just to see those two sitting there, taking questions, and i salute you. well done. >> thank you, piers. >> guns are squarely at the top of president obama's agenda tonight. 38 days after the tragedy at newtown, he and vice president joe biden met with police chiefs and sheriffs in cities across the country including utah, aurora, colorado, and oak creek, wisconsin. joining me three men who were at that meeting. charles ramsey, john edwards, and sheriff fitzgerald. welcome to you all. let me start with you, if i may, please, commissioner ramsey. what was your overview of how the meeting went? i suppose the key question is wh
CSPAN
Jan 30, 2013 9:00am EST
reported that -- a few weeks ago president obama reportedly said that america doesn't have a spending problem. this is completely at odds with what independent experts tell us and what is perfectly apparent to anybody who is alert. and last week i brought this chart behind me to the floor to illustrate the point. as everyone knows, we're running trillion-dollar annual deficits. what this chart shows is the gap between government spending and revenue just keeps getting wider and wider and wider. so let's take a look at it. the occupant of the chair is relatively new to the senate, but not new to the facts. the green area here represents both historic and projected tax revenue. the blue area here, the dark blue area, as you can see, really kind of flat line flatlit here to 2014, is the new revenue that the president got at the end of the new year as a result of the law. the tax rates sunsetted, expired at midnight on new year's eve. the congress then wisely continued the current tax rates for 99% of americans, made those rates permanent so you wouldn't have another event like new year's
FOX Business
Jan 28, 2013 8:00pm EST
but the privacy invasion is just beginning. how the obama campaign is pushing its agenda with your private information. plus, how can washington ever get a handle on spending if they don't think spending is the problem? >> i think i have set a number of times that deficit reduction is not a goal unto itself. the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone likes 50% more... [ midwestern/chicago accent ] cheddar! yeah! 50 percent more [yodeling] yodel-ay-ee-oo. 50% more flash. [ southern accent ] 50 percent more taters. that's where tots come from. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. 50% more spy stuff. what's in your wallet? this car is too small. >> all that hard work was worth more than just the election. millions out at the polls in this election. today i'm proud our friends our friends and supporters are launching organizing for action. liz: the president's campaign just gaine
FOX Business
Jan 31, 2013 12:00am EST
to your days, simon. i'm ready right now. >> the two biggest drivers of growth of government spend having been defense and medicare. i think we, if we want to get spending under control, we're going to have to tackle health care costs, which is what barack obama said in his inaugural speech last week and we have to continue bring down defense. if we can do that and raise a little bit of revenue i think we can make significant progress on getting debt under control. melissa: steve, last word. real quick. we don't have time. >> of course health care entitlements are the big problem. simon why did we create a new trillion dollar health care entitlement? that didn't make a lot of sense. we can't afford it. when you talk about negatives for the economy i think obamacare is one of them. >> i will come back and debate that in the future. melissa: thanks to all three of you coming on. hope you come be ba. you're all fantastic. >>> time for the fuel gauge report. mixed economic data from the u.s. and europe led to choppy oil trading futures. it managed to rise for the third straight session, now a
CSPAN
Jan 29, 2013 12:00pm EST
to speak about taxes, debt and spending. it's time for president obama to show leadership, real leadership, on the biggest threat that america faces to our future prosperity. as my good friend, the republican leader, has said, if we don't get a handle on spending and debt, not much else matters. it has now been 1,371 days, almost four years, since democrats who control the united states senate have brought a budget to the floor and had a vote on and passed the budget. over that time our national debt has grown by more than $5.2 trillion. our credit rating has been downgraded because of fears that we may not be able to pay our debt back when it is ultimately due. and we have experienced the highest -- excuse me -- the longest period of high unemployment since the great depression. since the end of the official recession in 2009, americans' household median income has fallen by roughly $2,500, while the cost of employer-provided family health insurance has increased by more than $2,300, roughly a comparable amount. not only has income fallen by $2,500; costs have gone up thanks to obamacare
CSPAN
Jan 28, 2013 12:00pm EST
income, and spending is obvious because a surreal driver of our deficits and our debt. spending is the reason that we're up against the $16.2 trillion debt limit. spending was the reason that congress and president obama raised the debt ceiling by $2.1 trillion just a year and a half ago. now, in 2006, the junior senator from illinois, senator obama, came to the floor, made a very passionate and thoughtful statement here on the senate floor in opposition to raising the debt limit. many of the reasons that he gave then are relevant today. in fact, they are even more appropriate because the national debt is much, much higher. and we have a fiscal mess. it's instructive for my colleagues to hear the words straight from then-senator obama. he delivered these remarks on march 16, 2006. at that time the senate was debating raising the debt limit by $781 billion to a new limit then that seems very small today, about half what it is today, raising the limit of 2006 to $8.9 trillion. so i thought it would be worth for the president's benefit as well as our benefit to go over what then-se
CSPAN
Jan 29, 2013 9:00am EST
spending and debt crisis. as we all know, bowles was tapped by president obama to lead a bipartisan deficit commission with former republican senator alan simpson. the two men, along with a commission, proposed recommendations for you are a big and bold plan to reduce our long-term debt. rather than heed some of these recommendations and build off of this bipartisan momentum cephal years ago -- several years ago, the president ignored it completely and since has done nothing and offered no plan of his own p. -- of his own to fix our dire fiscal plight other than to propose new taxes. as i mentioned in previous remarks the president got his tax increases on millionaires and billionaires, but no one should be fooled into thinking that this solves our fiscal crisis. recently in ain' in an intervier chief of staff erskine bowles rightfully criticized the administration and the congress for not striking a significant budget deal and called it the most -- that failure the most disappointing thing in my life. he went on to say, "ther "they'e bouncing from one crisis to noamplet it's nuts. we have
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